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Sunday, May 31, 2009

Staggering Numbers

If you follow my blog you will find I post these statistics often. These numbers show you how the Sandicor MLS, Multiple Listing Service of homes on the San Diego Multiple Listing service for one week. Our inventory has dropped to an amazing low which would explain why last week when I wrote an offer for my clients we were 1 of 42 offers. If your thinking of listing your home now would be the time especially if you own your home. Many buyers are trying to steer clear of short sales due to there response to buyer offers. Bank owned or foreclosure homes are quicker to receive a response but the competition is staggering as my above example. Please feel free to contact me to assist you with any questions you may have in regards to buying or selling in this market.

Active listings as of Friday, May 29:


MRMLS: 18,252

Sandicor: 10,996

SoCalMLS: 17,683


SFR and Condo Activity from May 17 through May 23.


New Actives:

MRMLS: 1,196 Sandicor: 693 SoCalMLS: 1,091


New Pendings:

MRMLS: 1,476 Sandicor: 906 SoCalMLS: 706


Closed Sales:

MRMLS: 1,307 Sandicor: 630 SoCalMLS: 806

Friday, May 01, 2009

Market Statistics

I am happy to report that that homes that were pending meaning put into escrow is exceeded the homes that were listed on the market. The San Diego MLS is listed as Sandicor. The MRMLS is for Riverside and SoCalMLS is for Orange County.




Active listings as of Friday, May 1:

MRMLS: 21,903
Sandicor: 14,723
SoCalMLS: 19,362

SFR and Condo Activity from April 19 through April 25.

New Actives:
MRMLS: 1,381 Sandicor: 791 SoCalMLS: 1,250

New Pendings:
MRMLS: 1,565 Sandicor: 930 SoCalMLS: 818

Closed Sales:
MRMLS: 1,240 Sandicor: 604 SoCalMLS: 689